Bryan Cutsinger
2K posts

Bryan Cutsinger
@BryanPCutsinger
AP at @faubusiness | AE at @_PublicChoice | Fellow at @AIER’s @SoundMoneyProj | Monetary History & Political Economy | Views my own




Powell's big caveat on looking past the energy price shock: "You can have a series of these supply shocks and that can lead the public generally—businesses, price setters, households—to start expecting higher inflation over time. Why wouldn’t they?" The dilemma for the Fed: An energy shock can simultaneously push prices higher and drag down economic growth by squeezing household budgets and raising costs for businesses. That leaves policymakers weighing whether to prioritize fighting inflation or cushioning the economy, well aware that the standard tools for solving one problem may make the other worse. Powell dances around saying how the Fed would answer such a riddle. "We will eventually maybe face the question of what to do here. We're not really facing it yet because we don't know what the economic effects will be." wsj.com/economy/centra…


Monetary disequilibrium theory is just crude Keynesianism dressed in different vocabulary.

10/ Big picture: We’re moving toward a new consensus: -Large balance sheets distort markets -But shrinking them requires redesigning the financial system -The key variable isn’t supply of reserves; it’s demand













New fun project with @RebelEconProf tracking dollar dominance. The website is a work in progress, so any and all feedback welcome. #snapshot" target="_blank" rel="nofollow noopener">bryanpcutsinger.github.io/dollar-dominan…
Potentially of interest to @DavidBeckworth, @Jon_Hartley_, and @HannoLustig





A central banker's nightmare: inflationary pressure plus job destruction.

I hear people say that AI replaces RAs in research. A different model is for AI to make RAs more productive. In this context, I think it is important to recognize the educational value that RAs get from the tasks we ask them to help us with.

A brief history of bank notes in the United States and some lessons for stablecoins mostlyeconomics.wordpress.com/2026/03/02/a-b…


